Revolve Group (NYSE:RVLV) CEO Michael Mente Sells 56,419 Shares

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 56,419 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $29.09, for a total value of $1,641,228.71. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Michael Mente also recently made the following trade(s):

• On Wednesday, January 28th, Michael Mente sold 49,882 shares of Revolve Group stock. The shares were sold at an average price of $28.57, for a total value of $1,425,128.74.
• On Monday, January 26th, Michael Mente sold 32,709 shares of Revolve Group stock. The shares were sold at an average price of $29.76, for a total value of $973,419.84.
• On Friday, January 9th, Michael Mente sold 68,995 shares of Revolve Group stock. The stock was sold at an average price of $30.68, for a total value of $2,116,766.60.
• On Thursday, January 8th, Michael Mente sold 52,864 shares of Revolve Group stock. The shares were sold at an average price of $31.32, for a total transaction of $1,655,700.48.
• On Wednesday, January 7th, Michael Mente sold 72,337 shares of Revolve Group stock. The shares were sold at an average price of $31.16, for a total transaction of $2,254,020.92.
• On Monday, December 22nd, Michael Mente sold 63,045 shares of Revolve Group stock. The stock was sold at an average price of $29.67, for a total transaction of $1,870,545.15.
• On Friday, December 19th, Michael Mente sold 78,619 shares of Revolve Group stock. The shares were sold at an average price of $28.78, for a total transaction of $2,262,654.82.
• On Thursday, December 18th, Michael Mente sold 88,444 shares of Revolve Group stock. The shares were sold at an average price of $28.41, for a total transaction of $2,512,694.04.
• On Thursday, December 4th, Michael Mente sold 41,563 shares of Revolve Group stock. The stock was sold at an average price of $26.02, for a total transaction of $1,081,469.26.
• On Wednesday, December 3rd, Michael Mente sold 114,024 shares of Revolve Group stock. The shares were sold at an average price of $26.67, for a total value of $3,041,020.08.

Revolve Group Trading Down 1.7%

Shares of RVLV stock traded down $0.51 during midday trading on Wednesday, reaching $28.56. 695,150 shares of the stock were exchanged, compared to its average volume of 777,240. Revolve Group, Inc. has a 1 year low of $16.80 and a 1 year high of $32.58. The firm has a market cap of $2.04 billion, a PE ratio of 37.57, a price-to-earnings-growth ratio of 2.78 and a beta of 1.75. The company’s 50 day moving average is $28.46 and its two-hundred day moving average is $24.15.

Revolve Group (NYSE:RVLV) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.13. The business had revenue of $295.63 million during the quarter, compared to the consensus estimate of $297.36 million. Revolve Group had a return on equity of 11.26% and a net margin of 4.64%.The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.15 earnings per share. As a group, equities analysts expect that Revolve Group, Inc. will post 0.6 EPS for the current fiscal year.

Institutional Trading of Revolve Group

Institutional investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue bought a new stake in shares of Revolve Group in the 3rd quarter worth $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new position in shares of Revolve Group during the second quarter valued at $60,000. Elevation Point Wealth Partners LLC bought a new position in shares of Revolve Group during the second quarter valued at $68,000. Quarry LP boosted its position in shares of Revolve Group by 6,932.1% during the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after buying an additional 3,674 shares during the last quarter. Finally, Logan Capital Management Inc. increased its holdings in Revolve Group by 35.5% in the 2nd quarter. Logan Capital Management Inc. now owns 5,579 shares of the company’s stock worth $112,000 after buying an additional 1,463 shares in the last quarter. 67.60% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on RVLV. Zacks Research raised shares of Revolve Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 8th. Barclays boosted their price target on Revolve Group from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 5th. BTIG Research restated a “buy” rating and issued a $30.00 price target on shares of Revolve Group in a research note on Wednesday, November 19th. KeyCorp lifted their price objective on Revolve Group from $25.00 to $35.00 and gave the company an “overweight” rating in a research note on Thursday, January 22nd. Finally, Evercore ISI reissued a “mixed” rating on shares of Revolve Group in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.62.

Revolve Group Company Profile

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.